The Rokslide Stock Traders Thread

go_deep said:
I could be all wet, but I think mid to long term PGAS can get back up over a $1, it's selling for .09. If my wife would let me dump $10K into it, I'd do it in a heartbeat!
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It's been awhile since PGAS saw $1, personally was holding for about .30. It could get to that buck given the sector dynamics and time.
 
I can't stress this enough, if you're 401k is in mutual funds, reallocate to a bond fund ASAP..

FOMO will make you work a few extra years in times like this..
 
WRO said:
I can't stress this enough, if you're 401k is in mutual funds, reallocate to a bond fund ASAP..

FOMO will make you work a few extra years in times like this..
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Why? Not that I’m going to blindly follow your advice, just curious to hear your reasons and thoughts.
 
BeaverHunter said:
Why? Not that I’m going to blindly follow your advice, just curious to hear your reasons and thoughts.
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Wow, someone who actually has the right attitude, I always appreciate that.. (one should always be skepitical)

Bond rates tend to rise when markets crash.

No mutual fund will save you from losses. They're all invested in the same shit that's crashing.

Watched my mutual fund based 401k lose 50% 2008, watched my dad lose half of his in 2000 and 2008, bond funds actually increased, they're the inverse of the market. Safe places to store money in bad times.

In my self managed I went 75% big oil/25% cash for the interim (except PLTR, can't break that one)
 
go_deep said:
I could be all wet, but I think mid to long term PGAS can get back up over a $1, it's selling for .09. If my wife would let me dump $10K into it, I'd do it in a heartbeat!
Click to expand...
Boy I’d love to see $1, but .30-.50 still would be someone doubling or tripling money...so I’ll take that all day. I have been adding and am now down to about an .11 avg, bought in my first starter a little blind a few weeks back at .18 and am just inching it down.
 
WRO said:
Wow, someone who actually has the right attitude, I always appreciate that.. (one should always be skepitical)

Bond rates tend to rise when markets crash.

No mutual fund will save you from losses. They're all invested in the same shit that's crashing.

Watched my mutual fund based 401k lose 50% 2008, watched my dad lose half of his in 2000 and 2008, bond funds actually increased, they're the inverse of the market. Safe places to store money in bad times.

In my self managed I went 75% big oil/25% cash for the interim (except PLTR, can't break that one)
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So you think a crash is imminent? Or at least a major drop in the stock market. Why? I guess that was what I meant to ask originally. Honest question as I’ve kind of felt that lately also. But I’m wrong a lot, just ask my wife.
 
BeaverHunter said:
So you think a crash is imminent? Or at least a major drop in the stock market. Why? I guess that was what I meant to ask originally. Honest question as I’ve kind of felt that lately also. But I’m wrong a lot, just ask my wife.
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We're in for a lot more, there's still a couple hundred more billion of bubble to be sorted out.
 
Brightwhite said:
Boy I’d love to see $1, but .30-.50 still would be someone doubling or tripling money...so I’ll take that all day. I have been adding and am now down to about an .11 avg, bought in my first starter a little blind a few weeks back at .18 and am just inching it down.
Click to expand...

I figure even if I'm half right at .50 for a high with a .09 buy in that gets you 5.5x.
 
WRO said:
I can't stress this enough, if you're 401k is in mutual funds, reallocate to a bond fund ASAP..

FOMO will make you work a few extra years in times like this..
Click to expand...
Well hell. I just switch my 401k to straight stocks about 7 months ago. Its thru Edward Jones. I might make my advisor a little mad tomorrow when I call him and tell him to put me back in bonds. 😂 Out of curiosity. What is your time frame for this coming drop.
 
KsRancher said:
Well hell. I just switch my 401k to straight stocks about 7 months ago. Its thru Edward Jones. I might make my advisor a little mad tomorrow when I call him and tell him to put me back in bonds. Out of curiosity. What is your time frame for this coming drop.
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Go to oil to ride this out..

I'm 60% oil 10% other 30 cash in my self directed I think

Sent from my SM-G960U using Tapatalk
 
TOPS and SHIP are garbage. They are basically scams.

If I were to ask what their businesses are, one might answer "shipping".

And one would be wrong. Shipping is their front.

They are in the business of issuing and selling shares of their stock, keeping enough for themselves that they maintain control of the company. That dilutes and drives down the price. But to stay listed on the major exchanges, the stock price has to stay above a certain amount. So they do a reverse split.

Rinse and repeat.
 
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